corporate tax system. it's very dysfunctional, and it retards investment and investment, in turn, is what creates gdp growth and jobs. >> yet we were going to do that i think. i think simpson-bowles told us to do that. do you know where we are in that, andrew we've talked about it a few times. where are we on the -- >> nowhere. nowhere. we're nowhere. >> wee nowhere on the tax -- once we got that 39.6 on the high end, we're not even talking about taxes anymore. right? it's like -- i don't know what happened to all the other recommendations of simpson-bowles. but, do you think that we will talk about them again at some point? >> well, i think we'll talk about them. the president came to the business roundtable not long ago, and stated unequivocally, he's for corporate tax reform. including a lower rate and a modified territorial system. the secretary of the treasury has said that. >> the new one or the old one? >> well, i don't know about jack lew, but i know timothy geithner was in favor of it. >> okay. >>